FWONA Q1 2022 Earnings — Formula One Group Revenue & Financial Results | Market Cap Arena

FWONAFormula One Group

$20B

Q1 2022 Earnings

Communication Services Entertainment

Income Statement

Revenue

$360M+100.0% YoY

Gross Profit

$165M45.8% margin

Operating Income

$19M5.3% margin

Net Income

-$35M-9.7% margin

EPS (Diluted)

$-0.15

QoQ Revenue Growth

-54.3%

Cash Flow

Operating Cash Flow

$135M

Free Cash Flow

$125M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$11.9B

Total Liabilities

$5.0B

Stockholders' Equity

$6.3B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$360M	$180M	+100.0%
Gross Profit	$165M	$96M	+71.9%
Operating Income	$19M	-$47M	+140.4%
Net Income	-$35M	-$46M	+23.9%

Revenue Segments

Primary Formula 1

$360M89%

Other.

$23M6%

Development

$12M3%

Baseball

$11M3%